14.50% Chaitanya India Fin Credit Private Limited - AA Rated (INE140R08031)

Chaitanya India Fin Credit Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE140R08031, with a face value of ₹1 rs on 29Dec16 to raise 15 crores. The debt instrument is issued with a coupon rate of 14.50% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 14.5% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-150000000. DATE OF MATURITY 30/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jan17. ICRA LIMITED has given AA- rating to this Debenture on 27Jan23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.